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Philippines’ Voyager Innovations secures $167m for PayMaya expansion into financial services, digital banking

Philippines based mobile wallet platform raised $167m in funding led by Tencent, KKR and PLDT (Largest Telco in the Philippines).

“We have seen a quantum leap for digital payments adoption in the Philippines over the past year, and PayMaya has served as the nexus connecting consumers and enterprises with enriching digital finance experiences. This investment supports the unique value we bring and gives us a natural head start with the target market for the digital banking service," said Orlando Vea, CEO.

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mobile banking, philippines, unbanked, apac